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Feb 19, 2013
02/13
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the pentagon could see roughly half of the reductions and that has republicans upset. >> we're going to begin to unravel the finest military in the history of the world at a time when we need it most. >> reporter: mandatory cuts in domestic spending could also hit americans hard. there could be furloughs of food safety employees, leading to a shortage of meat poultry and eggs and pushing up food prices. 50,000 tsa workers could see their hours cut back that would mean longer security lines for air travelers, and more than 350,000 people who need mental health treatment could be denied. hundreds of thousands of government workers from teachers to federal law enforcement agents are likely to be furloughed. many republicans admit the sequester isn't ideal, but they insist cuts have to be made. >> let me be very clear and i say this to the president as i say it to you, these spending cuts are going to go through on march 1st. >> reporter: the white house warns the cuts would get phased in just as the stock market is bouncing back. >> our hope is that this does not happen that, we choose
the pentagon could see roughly half of the reductions and that has republicans upset. >> we're going to begin to unravel the finest military in the history of the world at a time when we need it most. >> reporter: mandatory cuts in domestic spending could also hit americans hard. there could be furloughs of food safety employees, leading to a shortage of meat poultry and eggs and pushing up food prices. 50,000 tsa workers could see their hours cut back that would mean longer...
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Feb 21, 2013
02/13
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i can't say that. >> reporter: and it's not just cuts to the pentagon dozens of agencies including the fbi will also have to make difficult choices. >> the fbi would be in the position of having to evaluate where those reductions can come from, and that may impact in the national security arena. >> reporter: the president will continue in coming days to highlight the hardships to individuals and to the public at large if the cuts take place. democrats congressional campaign committee also goes on the offensive today. they will accuse republicans of risking 700,000 jobs in order to protect special interest tax loophols. norah, charlie? zblil is plante thanks. >>> a total disaster, that is what one walmart executive wrote about a plunge in sales. the retail giant is announcing its earnings this morning. it's a bellwether for the nation's economy. rebecca jarvis is here with us. what are they saying about the economy? >> looking backwards walmart had a good christmas, that holiday sales worked out well for them they earned more than wall street was expecting, they came in a little light o
i can't say that. >> reporter: and it's not just cuts to the pentagon dozens of agencies including the fbi will also have to make difficult choices. >> the fbi would be in the position of having to evaluate where those reductions can come from, and that may impact in the national security arena. >> reporter: the president will continue in coming days to highlight the hardships to individuals and to the public at large if the cuts take place. democrats congressional campaign...
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Feb 21, 2013
02/13
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>> reporter: it's not just the pentagon. dozens of cuts including the fbi will have to make difficult choices. >> the fbi will have to be in a position to evaluate where the reductions will come from and that may impact the national security arena. >> reporter: the democrats' congressional campaign committee also goes on the offensive today. they will accuse republican of risking 700,000 jobs in order to protect special interest tax loopholes. >>> a total disaster that's what one walmart executive reportedly wrote about a plunge in sales. its it's announcing its report this morning. rebecca jarvis is here this morning. good morning. >> good morning. >> what are they saying and what are they saying about the economy? >> looking backward they're saying walmart had a very good christmas. they earned more than expected. they came in light on sales. however, going forward that's really a question. walmart is considered a bellwether for our economy and what they told us this morning is that the payroll tax cut is impacting consume
>> reporter: it's not just the pentagon. dozens of cuts including the fbi will have to make difficult choices. >> the fbi will have to be in a position to evaluate where the reductions will come from and that may impact the national security arena. >> reporter: the democrats' congressional campaign committee also goes on the offensive today. they will accuse republican of risking 700,000 jobs in order to protect special interest tax loopholes. >>> a total disaster...
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Feb 5, 2013
02/13
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than a month away from massive cuts in federal spending that could lead to layoffs of employees at the pentagon and elsewhere. we have more from capitol hill. nancy, good morning. >> reporter: good morning, charlie and nora. around here, congress likes to call those cuts the sequester. and both sides have long predicted it could harm the economy if the cuts are allowed to kick in. instead of working together to do something about it, they've resorted to the blame game a month before the deadline. republicans may be the party of spending cuts, but on monday, house speaker john boehner insisted the looming sequester was the president's idea. >> the president first proposed this sequester in 2011 and insisted that it be part of the debt limit agreement. >> reporter: unless congress acts, the package of cuts worth $1.2 trillion, will start to kick in on march 1 taking a $55 billion bite out of this year's defense budget and $27 billion from domestic discretionary spending. according to the congressional budget office, more than a million jobs are at risk. defense secretary leon panetta had this war
than a month away from massive cuts in federal spending that could lead to layoffs of employees at the pentagon and elsewhere. we have more from capitol hill. nancy, good morning. >> reporter: good morning, charlie and nora. around here, congress likes to call those cuts the sequester. and both sides have long predicted it could harm the economy if the cuts are allowed to kick in. instead of working together to do something about it, they've resorted to the blame game a month before the...
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Feb 8, 2013
02/13
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the plan was directed by david petraeus and backed by pentagon leaders and secretary of state hillary clinton. the white house had doubts which rebels could be trusted with the arms. those details came to light during a senate hearing on libya and republicans had some tough questions for panetta, who revealed he and president obama spoke once during the eight-hour benghazi attack that left four americans dead and explained why the pentagon didn't send any war planes. >> reporter: the reason planes were not launched the attack came in two waves in two different locations and after the first wave ended after about an hour and a half they all thought it was over plus he said there wasn't enough actionable intelligence on the ground to act. >> you can't just willy-nilly send f-16s there and blow the hell out of a place without knowing what's taking place. >> reporter: under questioning by republicans secretary panetta and the joint chiefs of staff martin dempsey say they were aware in the months before attack u.s. ambassador chris stevens was worried about security in libya. >> did you re
the plan was directed by david petraeus and backed by pentagon leaders and secretary of state hillary clinton. the white house had doubts which rebels could be trusted with the arms. those details came to light during a senate hearing on libya and republicans had some tough questions for panetta, who revealed he and president obama spoke once during the eight-hour benghazi attack that left four americans dead and explained why the pentagon didn't send any war planes. >> reporter: the...
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Feb 6, 2013
02/13
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. >>> "the washington post" reports the pentagon is extending certain benefits to same-sex spouses, it could include housing privileges access to base recreational facilities and joint duty assignments. they are not expected to include health benefits. >>> ryan braun claims he has nothing to hide linked to a miami clinic that allegedly trbted performance-enhancine-enhancing drugs. braun said he used the clinic for consult igss and there was a dispute over monday. >>> the requesting "san francisco chronicle"" says facebook fatigue is settling in. 38% are cutting back and 61% have taken a facebook vacation leaving the site for weeks or longer. >>> "usa today" says chimney sweeps in germany face new competition. many have added to their duties inspecting heating systems and checking for >>> a bit chilly around the bay area, norah, as we have mostly clear skies outside and the sun just coming up on our mount vaca cam looking good there. should be a beautiful day ahead as it looks like this will be the break before we start to see a chance of rain returning to the bay area. 30s and 40s righ
. >>> "the washington post" reports the pentagon is extending certain benefits to same-sex spouses, it could include housing privileges access to base recreational facilities and joint duty assignments. they are not expected to include health benefits. >>> ryan braun claims he has nothing to hide linked to a miami clinic that allegedly trbted performance-enhancine-enhancing drugs. braun said he used the clinic for consult igss and there was a dispute over monday....
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Feb 14, 2013
02/13
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nearly half the cuts will come from the pentagon, which announced plans last week to reduce its presence in the persian gulf to close the expected budget shortfall. >> we're weeks away from the president's sequester. >> reporter: house republicans have coined the somewhat clunky term "obama-quester" to describe the looming cuts in an attempt to pin the blame on the president. >> i call on the democrats to show us their plan to stop the sequester from going into effect. >> reporter: house republicans passed their own plan last year but the president panned it. >> they made bigger cuts to things like education and job training medicare and social security benefits, that idea is even worse. >> reporter: millionaires just saw their taxes go up two months ago, when they lost their bush era tax cuts and house speaker john boehner has been telling us all week the president got his revenue then. he's not getting any more. ra and j.b. these two sides have to start dealing if they want to avert the deadline which is just two weeks away and congress isn't even in session next week. >> wow, nancy co
nearly half the cuts will come from the pentagon, which announced plans last week to reduce its presence in the persian gulf to close the expected budget shortfall. >> we're weeks away from the president's sequester. >> reporter: house republicans have coined the somewhat clunky term "obama-quester" to describe the looming cuts in an attempt to pin the blame on the president. >> i call on the democrats to show us their plan to stop the sequester from going into...